T. Rowe Price Group Inc. saw its profit and revenue exceed Wall Street expectations in the first quarter after the stock market recovered from a rough December. The Baltimore-based money manager reported earnings of $512.6 million, or $2.09 per share, in the first quarter. That’s up 13 percent from $453.7 million, or $1.77 per share, in the year-ago quarter. On an adjusted basis T. Rowe Price’s net income rose 3.4 percent in the quarter to $460.6 million, or $1.87 per share, compared to $445.6…
from https://www.bizjournals.com/baltimore/news/2019/04/24/t-rowe-price-beats-first-quarter-estimates-on.html?ana=RSS&s=article_search
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